Sharpest overall rise in construction output since November 2017

The latest IHS Markit/CIPS UK Construction Purchasing Managers’ Index rose to 53.1 in June, up on 52.5 in May and against the no-change reading of 50, signalling the sharpest overall rise in construction output since November 2017. Duncan Brock, group director at CIPS, said: “With the fastest rise in new orders since May 2017, it…

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Rogue landlords face being forced out of the sector

Announcement today from Ministry of Housing, Communities and Local Government and Heather Wheeler MP. Rogue landlords face being forced out of the sector as new banning orders are brought in and a national database of offenders goes live. Rogue landlords who rent out substandard properties face being forced out of the sector as new banning…

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Almost £300 million government investment to deliver more homes across England

Government Investment to unlock more homes across England announced yesterday 21st March 2018. Almost £300 million government investment in Greater Manchester, the West of England and Oxfordshire is set to help deliver thousands of much-needed new homes for local communities, Housing Secretary Sajid Javid announced 21 March 2018. Greater Manchester is set to receive £68…

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Shelter responds to PM speech on housing

Shelter responds to PM speech on housing. Polly Neate, CEO of Shelter, said: “We welcome today’s speech for recognising the scale of our housing emergency and the fact our current housebuilding system is clearly not fit for purpose. “The Prime Minister has shown the government is willing to take on developers and challenge them over…

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Theresa May delivers speech on making housing fairer.

Prime Minister Theresa May delivered a speech on housing in East London Monday 5th March 2018 ‘Making Housing Fairer’ “On my first day as Prime Minister, I spoke on the steps of Downing Street about my desire to make this a country that works for everyone. “A country where, regardless of where you live, your…

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Strong operational and financial performance for Barratt Developments Plc

Barratt Developments Plc today released their half year results for the six month period ended 31st December 2017. The highlights section leads: Strong operational and financial performance driven by good customer demand. Commenting on the results David Thomas, Chief Executive of Barratt Developments PLC said: “With good consumer demand, a healthy forward order book and…

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Greater importance given to Housing in Theresa May’s reshuffle.

Theresa May’s reshuffle of  Cabinet posts yesterday saw Rt Hon Sajid Javid MP remain, however  his job title changed to the Secretary of State for Housing, Communities and Local Government. In an announcement on the government website yesterday it stated: Following the appointment of Rt Hon. Sajid Javid MP as the Secretary of State for…

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NAEA Propertymark reveals trends and expectations for 2018.

In a press release yesterday from NAEA Propertymark they analyse their sales data for 2017 to reveal trends and expectations for 2018. To read NAEA Propertymark’s 2017 overview of the housing market in full click here. Mark Hayward, Chief Executive, NAEA Propertymark comments on the findings: “2017 has been a busy year for the property…

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Private rental prices paid by tenants in Great Britain rose by 1.5% in the 12 months to October 2017 according to ONS

Statistical Bulletin released yesterday from the Office for National Statistics (ONS): Index of Private Housing Rental Prices, Great Britain – October 2017. An experimental price index tracking the prices paid for renting property from private landlords in Great Britain. Main Points as mentioned in the release: Private rental prices paid by tenants in Great Britain…

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Shelter responds to the Universal Credit debate.

Shelter responds to the Universal Credit debate. Polly Neate, CEO of Shelter, said: “Shelter’s advisers are hearing from more and more people whose lives are being turned upside down by the many flaws with Universal Credit. Not only are people forced to go without basics like food and electricity, but the delays mean they get…

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Funding for affordable homes will be increased by a further £2 billion

The government has confirmed plans for a new generation of council and housing association homes as confirmed in the Gov.UK announcement. Government has confirmed plans for a new generation of council and housing association homes. Funding for affordable homes will be increased by a further £2 billion to more than £9 billion. Ministers also confirmed plans…

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